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The company has had various industries in its 152-year history.

A second pulp mill was opened in 1868 near the neighboring town of Nokia, offering better hydropower resources.After all these acquisitions Nokia's revenue base became US.7 billion.Tragically CEO Kairamo committed suicide on 11 December 1988.Nokia is also a major contributor to the mobile telephony industry, having assisted in the development of the GSM, 3G and LTE standards (and currently in 5G), and is best known for having been the largest worldwide vendor of mobile phones and smartphones for a period.After a partnership with Microsoft and market struggles, its mobile phone business was eventually bought by the former, After the sale, Nokia began to focus more extensively on its telecommunications infrastructure business and on the Internet of things, marked by the divestiture of its Here mapping division and the acquisition of Alcatel-Lucent.

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